{ "ticker": { "uuid": "dc860f5d-3ff6-466b-870a-b7dc5a5a4907", "symbol": "300725", "name": "PharmaBlock Sciences (Nanjing), Inc.", "exchange": "SHZ", "country": "CN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "399001.SZ", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 77.582, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 48.768, "architecture_energy": 47.017, "architecture_maturity": 21.556, "architecture_confidence": 89.458, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 25.45, "rotation_up": 72.22, "upward_expansion": 49.84, "deceleration": 21.11, "rotation_down": 14.85, "downward_expansion": 20.17 }, "activity_lines": [ 40.561333, 38.355255, 37.259039, 37.364299 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 47.5, "trend_reference": 38.169303, "distance_from_trend": 0.244456, "trend_direction": "Weakening", "fair_value": 36.771335, "distance_from_fair_value": 0.291767, "fair_value_direction": "Improving", "relative_strength": 15.669361, "relative_strength_direction": "Improving", "price_momentum": 0.152353, "excess_performance": 0.144953, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.244456, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022019, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.291767, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.275401, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.156694, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.368137, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.152353, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.88077, "read": "Supply-led" } ], "volume": { "latest": 117563854, "relative_activity": 2.582039, "balance": 0.88077, "dry_up": 2.295279, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.087418, "annualized_volatility": 0.457003, "from_high_reference": -0.071359, "from_low_reference": 0.521461 }, "levels": { "trend_reference": 38.169303, "fair_value_reference": 36.771335, "structural_low": 31.219999, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.086866, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.089123, "regime_survival": 0.166667, "best_return": -0.005872, "worst_return": -0.129545, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.138969, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.147887, "regime_survival": 0.0, "best_return": -0.101633, "worst_return": -0.23898, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.046561, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.030983, "regime_survival": 0.0, "best_return": -0.031807, "worst_return": -0.167159, "sufficient": false }, { "horizon": 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36.82879 ] }, { "date": "2026-07-31", "close": 36.619999, "volume": 72504714, "typical_volume": 40961649.85, "trend": 37.871303, "fair_value": 36.76632, "relative_strength": -6.630384, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.311181, "energy": 17.52905, "activity_lines": [ 37.166666, 36.142167, 36.200892, 36.743093 ] }, { "date": "2026-08-07", "close": 47.5, "volume": 117563854, "typical_volume": 45531403.4, "trend": 38.169303, "fair_value": 36.771335, "relative_strength": 15.669361, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.767873, "energy": 47.017361, "activity_lines": [ 40.561333, 38.355255, 37.259039, 37.364299 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }